Principles of Louisiana Real Estate Unit 2 Questions and Answers well Explained Latest 2024/2025 Update 100% Correct.
5 views 0 purchase
Course
Principles of Louisiana Real Estate
Institution
Principles Of Louisiana Real Estate
A deed restriction is a private restriction that is written into deeds which restricts property use for both
the current and subsequent owners.
Select one:
True
False - True
All of the following requirements generally are covered by building codes EXCEPT
Select one:
A. Fire-prevention standa...
A deed restriction is a private restriction that is written into deeds which restricts property use for both
the current and subsequent owners.
Select one:
True
False - True
All of the following requirements generally are covered by building codes EXCEPT
Select one:
A. Fire-prevention standards
B. Electrical wiring
C. Sanitary equipment
D. Minimum number of square feet of land area per apartment unit - Minimum number of square
feet of land area per apartment unit
Tax according to value is called ___________________. - ad valorem
___________________ attempts to avoid property from becoming deserted or ownerless. - .
escheat
A(n) ___________________ allows an individual to deviate from the zoning requirement due to some
adversity or suffering brought about under the current laws. - variance
Commercial or residential land rezoned for conservation purposes or changed from dense to less-dense
usage is called ____________________. - downzoning
, The right of a government to take private property for public use upon the payment of just
compensation is called ____________________. - eminent domain
An odorless radioactive gas produced by the decay of other radioactive materials in rocks under the
earth's surface is known as ____________________. - radon
____________________ is a form of private restriction that is written into deeds or leases that limits the
use of property. - deed restriction
___________________ is the reclassification of one parcel of land for a use that does not conform to the
zoning of the rest of the area. - spot zoning
Which of the following is true?
Select one:
A. Lead was banned for home construction use in 1976
B. If lead poisoning is found, the seller is required by law to have it abated
C. Real Estate agents are required to distribute a Lead Hazard pamphlet to potential buyers if the
property was built after 1978
D. None of the above are true - None of the above are true
The loss of a right because of inaction is known as the Doctrine of - Laches
Eminent Domain and Escheat refer to the same basic principle which involves the government's right to
take private property for public use. - False
The rights of a land owner with land next to a river or stream is known as - Riparian Rights
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ACADEMICMATERIALS. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.39. You're not tied to anything after your purchase.
